|
The largest part of our time in representing you will be
spent examining various public records to determine the status
of the title to the property. We will be reviewing the land
records at the Town or City Clerk's office to see if there
are mortgages, covenants, easements and other matters that
will affect the title to your property. We will also look
at the municipal zoning records to determine what building
permits and certificates of occupancy the property may have
required. If you know of any significant changes or alterations
to the property, it would help us if you let us know about
them. Since we do not physically inspect the property we
strongly recommend that you have the property surveyed prior
to purchase. A search of the land records by an attorney
will not disclose the presence of unrecorded easements or
improvements which may have been done to the property without
a required permit. Further, it will not disclose encroachments
of other structures or reveal any rights claimed under the
doctrines of adverse possession or prescriptive easement.
These matters would be revealed by a competent survey. If
you wish, we can provide you with the names of several local
surveyors.
After we complete our investigation, we will prepare and
issue a Report and Opinion on Title to you describing the
results of our search. The title opinion must be issued within
a few days of the closing. If you wish to review the title
in advance of your closing or you wish a title search to
be conducted early, you can request that we do an initial
search. We will then do an update within a few days of closing.
There will be an additional fee for this update. We recommend
that you take advantage of this so we may be able to discover
potential title problems early and work to fix them before
your closing date.
|